Auto Warranty Companies Fight For Your Business
car warranty - The realm of auto warranty companies is actually a fiercely competitive one. You will find a limited quantity of cars on the road - granted, there are millions of them, and all of them, at some time or still, has or had a warranty - though with the great number of companies fighting for that business of those drivers, this means that every car owner will be the target of some very hungry sales reps.
This can be quite a daunting position to stay in for any car owner. Regardless if you are buying a new car from the dealership, or purchasing a second hand car, you will see people promoting you their warranty services.
Inside the dealership, you might come across a pushy sales person who can try everything they are able to to get you to sign on for the extended warranty when you help make your initial purchase. You will find benefits to buying during those times, including obtaining the costs from the warranty rolled up into the financing for the car, and knowing that your dealership will continue being the area to get any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money over time. Sales representatives make large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, instead of adding a small number in your monthly car payment bills. However it would likely save a little money.
But as not all the car sales representative has gone out to rip you off, not every third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that in your favor. Make a price comparison, examine each of the regards to the warranties offered, and tell the companies you consult with “hey, make me the very best offer.” Someone else will if they can't.